With the world economy wobbling and rescue package after rescue package not seemingly doing any good, you should start looking for better ways for investment and asset protection beyond stocks and mutual funds. Smart investors have recently turned to gold.
Investing in Gold has long been proven one of the safest and most effective ways to protect personal assets against the inflation and uncertainties. For average Americans, the easiest way to add gold to their investment portfolios and protect their hard-earned money during recessions is to buy gold coins, especially those gold coins with small markups such as South African Krugerrand. Buying Krugerrands is now considered the No.1 choice for small investors to protect their assets.
Here are 5 good reasons why you should buy Krugerrands now!
1) For centuries, gold has been Recession Proof, and this has been proven during countless crisis situations over the past centuries.
2) Buying gold coins is one of the most practical ways to physically own gold. Gold Krugerrand coins are small weighing no more than 1 oz, making them easy to store and transported.
3) Gold Krugerrand coins, especially 1 oz Krugerrand coin, is the ideal coin for you to start. The South African gold Krugerrand coin was the first gold coin that contains exactly one ounce of pure gold, which makes it the best known of modern bullion coins. As a matter of fact, gold Krugerrand coin has always been one of the most available and best-priced coins of its type in the market. There are thousands of gold Krugerrands bought and sold online or at the gold dealers everyday, making Krugerrand one of the most popular Gold Coins among investors.
4) Since gold Krugerrand coins are already well known in the industry and any dealer are readily trade them, Krugerrand coins could be easily converted into cash should the need arise. This allows you to liquidate your asset very quickly when necessary.
5) Gold Krugerrands carry small premium over spot. That means Krugerrand coins cost less per ounce than the standard American Eagle Gold Bullion and thus give you more gold for your money. If you have $5,000 or less to spend, I recommend you put half in US 90% silver coin, and half to buy Krugerrands.
Sunday, March 29, 2009
Why You Should Buy Krugerrands Now
by:
yestom
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